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Technical: Mumbai Lemon Toor - Down Trend continues

18 May 2017 12:17 pm
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Dated 18/05/2017

MUMBAI TOOR LEMON- last close- 17/05/17-3775: Down Trend continues

Monthly Chart




Trend is down and expect slide towards 3350-3050-2725 in due course of time.


Pullback reversal can be above 3950.


Conclusion


Expect slide to 3350-3050-2725


Traders short can maintain 3950 as stop loss. Pullback reversal is above 3950 closing.


Trend is currently down.


       
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